H&E Equipment Services acquires Precision Rentals
Baton Rouge, La.-based H&E Equipment Service announced today that it will acquire Precision Rentals. Precision Rentals, which has a fleet...
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Dealer Operations
Broker deals on the rise as banks tighten credit
Equipment finance broker and intermediary deals have been on the rise in the past month as more banks tightened credit...
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Titan Machinery floorplan use rises 158%
Equipment dealer Titan Machinery increased its floorplan use in the third quarter as rising interest rates and growing inventory put...
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Demand for equipment cools as finance approvals drop
Demand for equipment cooled as inventory held steady over the past six weeks as the Federal Reserve’s hawkish monetary policy...
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Rental industry utilization dips
H&E Equipment Services, Herc Rentals, Ryder System and United Rentals posted equipment rental fleet utilization rate declines in the third...
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Alta Equipment construction revenue rises 13%
Equipment vendor Alta Equipment Group’s construction and material handling revenue grew in the third quarter as equipment demand remained elevated...
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European equipment insurer Acquis enters U.S. market
European equipment insurance product and service provider Acquis is entering the United States market under new leadership as the company...
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Volvo Financial Services originations up 18%
Commercial financier Volvo Financial Services’ new retail financing volume reached a record in the third quarter amid “fierce competition” from...
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